In a video speech, Yellen praised new liquidity standards for global banking firms, but warned that they do not apply to so-called shadow banks or to the financial system.
The committee, made up of banking supervisors from nearly 30 countries, published the final version of a new rule that will take effect in 2019.
Previously, the expert appraisal committee of the ministry of environment and forest (MoEF) had given consent to the project in February 2014.
The direction comes after scathing observation of the Principal Bench of CESTAT, New Delhi, in December last year.
Sebi had reportedly sent the notices to several entities including United Spirits, GMR, Essar Group, Unitech, Sterlite and DLF among others.
Describing Rajan as a long-time colleague and an outstanding economist, Bernanke, who retired January-end this year confessed he did not know much about Indian politics.
Diageo, the maker of Johnnie Walker scotch and Smirnoff vodka, controls USL through its holding and a shareholder agreement, and the tender offer is unlikely to result in any management changes.
Wholesale price index-based inflation hits three-month high.
18.7% staff left in 3 months; Attrition rate is ‘more than we’re comfortable with’: Shibulal.
The prison unit in Guantanamo Bay is shrouded in secrecy, but a soon-to-be-declassified report and a court hearing into the sanity of a prisoner may change that.
Shares of 39 BSE100 companies up over 25% since February; 15 of top 25 gainers are infrastructure firms.
Former government auditor Vinod Rai has said if the CBI enquiry against PC Parakh ends up accusing him, “it will indeed be a black day for Indian bureaucracy and investigative systems”.
In his book, Parakh had said, “The CBI is not equipped to find the truth.
The Business Jets India aircraft was found to be carrying luggage in the lavatory of the plane.
Govt, corporate sector deposits fall due to decline in industrial output.
India-US ties sank to a new low with the arrest of former Indian deputy consul-general Devyani Khobragade last year.
PF manager to focus on R3K crore of arrears in interest & damages.
The firm that promotes the bank should be wholly owned by the promoter group and 50% of the directors of the NOFHC should be independent directors.
The Planning Commission numbers show that in the unorganised manufacturing sector, value added per worker has come down by over 5 per cent in the last decade.
The EPFO’s Central Board of Trustees had in January this year cleared a proposal for an actuarial evaluation of the EDLI scheme.
In terms of channel-wise distribution of medical insurance, individual agents bring in majority of business with 72.9 per cent share, the study said.
Kumar conveyed to Parakh that none of these men attended training and used to simply mark their attendance and engage in party work.
Rajan’s presence is unlikely as he is away in Washington.
Both rich and poor say they are acting in their own self interest, and what makes the conflict so intractable is that both have very rational arguments.
FBI agents are also reviewing Herbalife documents obtained from former distributors, two other sources familiar with the matter said.
While the likes of Netflix and TripAdvisor have lost more than 20 per cent of their market value, putting them in bear market territory.
Recent risks of very low inflation in the euro zone might demand use of appropriate tools in the coming time to thwart deflation tendencies.
The aircraft bearing registration VT-PSB is owned by Orbit Aviation Private Limited, where deputy chief minister of Punjab Sukhbir Singh Badal is a shareholder.
the grouping has kept up the pressure on the US that has held up governance reforms
Merchandise exports decline 3.15% in march to $29.58 billion.